NetNet no-no: winning bidder to relinquish 800MHz licence?

12 Feb 2016

NetNet, a winning bidder in Poland’s auction of 800MHz wireless spectrum last year, has asked the Office of Electronic Communications (UKE) to withdraw its reservation, according to a report from Rzeczpospolita. The start-up firm, which is linked to Zygmunt Solorz-Zak’s Midas Group, agreed to pay PLN2.05 billion (USD548 million) for a 5MHz block of paired spectrum in the 800MHz band suitable for 4G LTE services. The second highest bidder for that block was T-Mobile Poland, with an offer of PLN2.02 billion, the same amount which won it an adjacent block in the 800MHz range, and it is thought that the German-owned telco could now take over NetNet’s frequencies to enlarge its holdings in the band.